Dentaltown May 2024 - 4

Board Profi le
BY SAM MITTELSTEADT
Each month this year, Dentaltown
will spotlight a member of its editorial
advisory board-the experts who've
agreed to help our staff determine
whether an article is a great fit for
publication, vet those articles for
accuracy and clarity, and suggest
ideas and sources for content that
will run in future issues.
3 QUESTIONS WITH
Jason
Wood, Esq.
As a partner at Wood & Morgan, attorney Jason Wood focuses on business transactions for dentists and doctors-if it involves a lease, a
partnership, a purchase, an associate position or a shareholder, chances are Wood's an expert. (His article about preparing to sell your practice,
" Prevent Premature Evacuation!, " begins on p. 42.) Wood's also a regular contributor to Dentaltown's online message board forums, particularly
related to the business side of dentistry. He's racked up more than 8,600 posts since he joined in 2008! Below, he recaps the most common
moments that inspire potential clients to contact him, why you're not supposed to find him in a courtroom, and more.
1. What are your most common interactions with
dentists today? Do most contact you only when
they're at the end of their rope and ready to sell,
or are they more along the lines of " I want to make
a fi ve-year plan " thinkers?
I wish they would call me fi ve years out! I think I'd be
able to help them fi nancially and legally. Unfortunately,
far too many sellers contact me after they've already
signed a letter of intent and the damage is done, or
they've listed with a broker that may not have the best
reputation, etc. Buyers are slightly better, because I
think word has gotten 'round that we don't charge for
the review and negotiation of the letter of intent if it
doesn't get accepted.
My wish for buyers would be to not be afraid to
have someone look at practices " with " them, so they're
picking the right practice for who they are. Matching a
dentist to the right practice signifi cantly reduces risk-
and, more importantly, completely transforms their
career potential and earnings.
Th at's what keeps me in this industry: the ability
to truly transform people's lives, regardless if they're
a seller, a buyer or someone looking to do a start-up.
Far too many advisors out there just want the money,
so they don't provide these important functions before
someone becomes a client.
MAY 2024 |
2. Before Wood & Morgan, you worked at the
U.S. House of Representatives, drafting legislation
for various committees. What was the most
interesting or memorable piece you remember?
Our offi ce worked on modifying Sarbanes-Oxley-a big,
" overhauling fi nancial markets " piece of legislation that
actually might have helped avoid the mortgage crisis,
because we were trying to plug perceived loopholes in
the bills as it related to fi nancial services companies.
3. Of all the movies that feature a courtroom scene,
which ones are your favorites-whether because
of how close to home they hit or how fantastical
they are? Are you a 12 Angry Men sort, or more of
a My Cousin Vinny?
Luckily, I've never stepped foot in a courtroom, because
I don't do litigation-you hire me to prevent litigation!
However, my favorite movie growing up was A Few
Good Men. High-court drama that would never happen
in real life but it sucks you in with the dialogue,
etc. In reality though, I was more of the Atticus Fitch
(To Kill a Mockingbird) or Mr. Smith Goes to Washington
person, where I wanted to change the world around
me for the better. Standing up to the bullies and the
large faceless corporations was always something that
inspired me. DT
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Table of Contents for the Digital Edition of Dentaltown May 2024